By Matt Hicks
Both pharmaceutical companies and contract manufacturers (CDMOs) have discovered that the second-hand equipment market provides readily available machinery to fulfill a range of needs. Used equipment is immediately available, cutting lead time for specification, delivery, and install. This allows for faster product launches, process upgrades, capacity expansions, and critical equipment replacements that can reduce downtime or backorders.
The following situations can cause pharmaceutical companies to opt for purchasing used equipment rather than new machinery.